Bloomberg Tells Michigan Grads They Must Defeat Bernie’s Plan to Jail Wall Street Felons By William K. Black May 2, 2016 Bloomington, MN Michael Bloomberg has just published, in Bloomberg, what he describes as “an adaptation of an address to the University of Michigan’s class of 2016.” Having graduated twice from Michigan, as did … Continue reading → […]
False Choice or Real Possibilities By J.D. ALT The essential ploy in politics is to give people a false choice. For dinner tonight, you can have fried potatoes—which are what I am serving—or you can have watered-down potato gruel, which is what my opponent is … Continue reading → False Choice or Real Possibilities
Today I am in Granada, Spain having an interesting time. Nothing public to report. I will be here until Thursday morning upon which I travel back to Madrid and the public events begin (see below). Today’s blog continues the analysis … Read the rest of this entry »
I am travelling for most of today on my way to Spain to help launch the Spanish language edition of my current book – Eurozone Dystopia: Groupthink and Denial on a Grand Scale (see details below). I will also be … Read the rest of this entry »
from Assad Zaman Introduction and Motivation The deeply and fundamentally flawed nature of modern economic theory arises from two problems. The root cause is a fundamental misconception about the nature of methodology. The secondary cause is major mistakes in the application of this wrong methodology. The second flaw can be fixed by replacing the axioms […] […]
from Lars Syll Paul Krugman had a piece up on his blog last week arguing that the ‘discipline of modeling’ is a sine qua non for tackling politically and emotionally charged economic issues: You might say that the way to go about research is to approach issues with a pure heart and mind: seek the truth, […]
Good chance China is now rebuilding euro reserves sold when they panicked over negative rates, qe, etc. In fact, they could now be targeting the euro area for export growth: This came out this am. Note how construction flattened in the middle of last year when the NY tax incentives expired, and so far there […] The post CNY/EUR, construction spending appeare […]
Another worse than expected report, and now it’s been over a year since it all started going bad, even as analysts continue to find reasons to be optimistic that have yet to pan out: ISM Mfg Index Highlights April’s 50.8 for the ISM manufacturing index may be moderately below expectations for 51.5 but details in […] The post ISM manufacturing, Construction s […]
Texte devant faire partie d’un dossier sur la place des Etats dans le processus de globalisation La question de la liberté des peuples dans le cadre d’une économie largement globalisée est posée à tout...
Un livre très intéressant vient de paraître, publié chez un petit éditeur, c’est Silence Coupable de Céline Pina. L’auteur est une élue locale PS, qui fut conseillère régionale d‘Île de France. Son livre se...
Par Bill MitchellThe dreaded NAIRU is still about!16 Avril 2009Traduction collective avec Frapper MonnaieBill Mitchell est Professeur de recherche en économie et Directeur du Centre du Plein Emploi et Équité (CofFEE), a l'Université de Newcastle, NSW Australia.L’épouvantable NAIRU est toujours d’actualité ! Je pensais – de façon optimiste – qu'il d […]